Breaking Down SG&A Expenses: Fastenal Company vs Old Dominion Freight Line, Inc.

SG&A Expenses: Fastenal vs. Old Dominion, 2014-2023

__timestampFastenal CompanyOld Dominion Freight Line, Inc.
Wednesday, January 1, 20141110776000144817000
Thursday, January 1, 20151121590000153589000
Friday, January 1, 20161169470000152391000
Sunday, January 1, 20171282800000177205000
Monday, January 1, 20181400200000194368000
Tuesday, January 1, 20191459400000206125000
Wednesday, January 1, 20201427400000184185000
Friday, January 1, 20211559800000223757000
Saturday, January 1, 20221762200000258883000
Sunday, January 1, 20231825800000281053000
Monday, January 1, 20241891900000
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Unleashing the power of data

A Comparative Analysis of SG&A Expenses: Fastenal vs. Old Dominion Freight Line

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. This analysis delves into the SG&A expenses of Fastenal Company and Old Dominion Freight Line, Inc. from 2014 to 2023. Fastenal, a leader in industrial supplies, consistently outpaces Old Dominion, a prominent freight line, in SG&A spending. Fastenal's expenses grew by approximately 71% over the decade, peaking at nearly $1.9 billion in 2023. In contrast, Old Dominion's expenses increased by about 94%, reaching $281 million in 2023. This disparity highlights Fastenal's larger scale and operational complexity. However, the absence of data for Old Dominion in 2024 suggests a need for cautious interpretation. Understanding these trends offers valuable insights into each company's strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025